Which of the following statements about subpart F income is false?
A. Subpart F income is constructively repatriated to U.S. shareholders of a controlled foreign corporation (CFC) when earned.
B. Subpart F income includes income from the manufacture of goods in the CFC's home country.
C. Subpart F income includes income from the purchase of goods from a related party that are subsequently sold to another related party for use outside the CFC's home country.
D. Subpart F income has no commercial or economic connection to the CFC's home country.
Answer: B
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